Opportunity to secure an off-market residential lot in Whitfield Estates, Sarasota at a strong entry point for new construction. This approximately 8,224 SF homesite with 60 feet of frontage offers builders, developers, and land investors the opportunity to build within an established residential pocket positioned near Sarasota Bay, where renovated and higher-end homes can support strong resale values depending on build size, design, and finishes. The lot itself is not waterfront, but the neighborhood’s proximity to the bay adds another desirable lifestyle component for the finished product.
A potential development concept would be a 2,000–2,200 SF new construction home, approximately 4 bedrooms / 3 bathrooms, designed as a clean modern spec product tailored to current buyer demand. Based on the surrounding market, a well-executed finished home could potentially position in the $600K–$700K+ resale range, depending on final square footage, floor plan, elevations, finishes, and market conditions at completion.
The value here is in the combination of location, low land basis, proximity to Sarasota Bay, and new-construction upside. Rather than paying a premium for a finished lot in a newer subdivision, a builder can step into an established Sarasota neighborhood and create a product designed specifically for the resale market. For an experienced spec builder who can keep construction costs in line, the project offers the potential for a meaningful development spread while maintaining a relatively low land basis.
This opportunity is best suited for a local GC, spec-home builder, developer, or land investor looking for an infill project with a clear residential exit strategy. The surrounding Whitfield Estates area includes waterfront and water-access properties along Sarasota Bay, while also offering convenient access to the Sarasota-Bradenton corridor, airport, shopping, dining, and Downtown Sarasota.
Proposed Project Build: Approx. 2,000–2,200 SF
Proposed Layout: 4 Bed / 3 Bath
Potential Finished Value: $600K–$700K+
Lot Size: Approx. 8,224 SF
Frontage: Approx. 60 FT
Nearby Body of Water: Sarasota Bay
Buyer to independently verify zoning, setbacks, buildable footprint, utilities, impact fees, flood/elevation requirements, permitting, allowable square footage, and all proposed construction plans.